CHMCX

About CHMCX

Columbia High Yield Municipal Fund Class C is a mutual fund focused on generating a high level of income exempt from U.S. federal taxes by investing primarily in higher yielding, lower-rated municipal securities. Its primary objective is to deliver tax-advantaged income while seeking price appreciation, making it particularly relevant for investors aiming to maximize after-tax returns. The fund is actively managed and employs rigorous fundamental credit research along with bottom-up security selection to navigate risks and uncover undervalued opportunities across various issuers, sectors, and geographic regions. By maintaining a diverse portfolio across the municipal bond landscape, the fund seeks to balance market upside potential with managed downside risk. Columbia High Yield Municipal Fund Class C plays a significant role in the market by offering access to the high-yield segment of municipal bonds, which typically includes bonds rated below BBB or those that are unrated, thus serving as a key vehicle for those seeking enhanced municipal income through exposure to riskier but potentially higher-return bonds.